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Shark

GBPJPY TRADE IDEAWe had a massive breakout of the quaterly pivot point yesterday after the formation of the deep crab pattern at 184.61 on gbpjpy, an indication of a major trend reversal after a secondary retest of the highs around 184-45-184.75 heading into the month september. Currently we have a brief correction to a trendline. We should see a trend continuation downwards on the bounce of the trendline around around 185.23 level (14.6 retracement level). We should a continuation of the down trend to pattern completion point at 1.13 fib extension level at approximately 180.70, which happens to be a confluence with the long-term uptrend line Disclaimer: This post constitutes a trade idea, and not an investment advice. Happy trading
Short
by Lijelik
#EURUSD Updated Weekly Analysis: Shark, Gap, 78.6, DivergenceTraders, here is the updated analysis on EURUSD. The previous zone was invalidated by the market and we do not have Cypher pattern anymore. We now have reached a point where we have multiple confluences: 1. Shark Pattern Completion 2. Previous 2017 Price Gap 3. Monthly Time Frame 78.6 4. Fibonacci Confluence This can be a very good long opportunity. Hit the like button and subscribe if you enjoyed this analysis. Thanks!!!
Long
by vikinsa
5
EURCAD SHARK HARMONIC EXPLANATION EURCAD Shark Harmonic Pattern explained. - This is a explanation video on how to identify the Shark Pattern along with the target points and stop loss - Targets range from 30-60 PIPS As always if you found this idea helpful, please let me know by hitting that like button and/or leaving me a comment below. Also feel free to share your opinion on this setup, or other setups that you have on your radar for the EURCAD. The more ideas we can generate the more informative these ideas become for newer traders. ~T$
Education
by OkayTrev
AUDUSD - 1500 Pips+ Let us catch some sharks!AUDUSD - 9thJan 2018 Hi, Excited to come up with the first video on AUDUSD for the year 2018. You would be wondering what are these - Great White , Port Jackson, Zebra, Thresher, Tiger, Oceanic White, Great Hammerhead, Grey Nurse. Is it some kind of zoo- correct! - If I would have been in your place would have had same thought process & imagination but let us not allow our imagination to run & fly -hold ourself. Well, if you google them you will get to know that these are shark species found in Australia which are dangerous to catch & some of them even have state wide ban as well for catching like Great White & Grey Nurse. As an Analyst and Trader, I am just bothered about only 2 species - bearish shark & bullish shark & these days there are lot of bearish sharks in Australian Dollar Waves. To catch these sharks we need TFR - Trader's fishing rod & before we even do that - we need to find them using Analyst Spectacles. Before we dip into current structure to catch these sharks. Let me just tell you some basics about TradingView Platform. Visibility Factor which is most important to find these sharks - If they are not visible - you cannot find them & if you cannot find them - How will you catch them- as simple as that...... Unlike sharks available in Australia they are huge in size & hence visible but sharks which are seen & available in our markets can deceive a trader & analyst so you need to have proper visibility factor or shoud be able to use visibility feature to find & catch these sharks. 1500 Pips+ Let us catch some sharks - Are you ready ! So, let's begin............... ----------- Can the bearish shark from 0.7875 give us another big move - likely expecting to travel to 0.7200 & below 0.7200 for 0.6800 levels next holding 0.7875 as top or near by top.
Short
by WaveTalks
6